North Bridge Agri Invest AS

On 23 August 2014, North Bridge Agri Invest AS (NBAI) was merged with North Bridge Agri Land Fund AS, and the new entity is continuing the activities of both companies.

NBAI is the largest shareholder and owns approx. 72 % of the shares in the company NB Agri Ltd., Cyprus. The objective of this company is to own, manage and operate agricultural properties within the EU, with a focus on Romania and France. NB Agri Ltd. presently owns approx. 4.200 hectares (1 hectare = 10 000 square meters) of farm land in two areas of Romania (Western and North-Eastern Romania) and approx. 2.000 hectares in central France, i.e., about 6.000 hectares owned farm land in all. In addition, the company leases appr. 1.400 hectares in Romania. Of the total farm land owned and leased, NB Agri Ltd. now operates approx. 4.200 hectares itself, of which 3.700 hectares are in Romania, where more than 40 individuals are engaged in the farming.

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